Strive to become a leader in the catalyst and antioxidant industry, and Dingji’s IPO on the main board of Shanghai stock market passed the meeting smoothly

On April 29, the 18th issuance Review Committee of China Securities Regulatory Commission issued an announcement. The 50th issuance review committee meeting in 2022 was held on April 29, 2022, and Liaoning dingjide Petrochemical Co., Ltd. (initial) was approved.

The data show that the main products of dingjide are high-efficiency catalysts, antioxidant single agents and composite additives. The catalysts are divided into main catalysts such as polypropylene and polyethylene and electron donor cocatalysts. The antioxidant single agents are divided into hindered phenol main antioxidants and phosphite lipid auxiliary antioxidants; Composite additives are based on antioxidant single agent and combined with customer needs for research, development and mixing.

The company is one of the few professional providers of high-performance catalysts and chemical additives for polymer materials in China. It has formed a business system integrating the R & D, production and sales of high-performance catalysts and chemical additives for polyolefins. The company is committed to providing professional and customized products for the polymer material industry.

Dingjide plans to be listed on the main board of Shanghai Stock Exchange and plans to issue no more than 3336667 shares, accounting for no less than 25% of the total share capital after issuance. The sponsor of this offering is Haitong Securities Company Limited(600837) .

The company plans to raise 916 million yuan, of which 140 million yuan is used for the project with an annual output of 15000 tons of alkylphenol and 15000 tons of antioxidant, 240 million yuan is used for the new project with an annual output of 125 tons of polyolefin catalyst unit, 386 million yuan is used for the project with an annual output of 300 tons of polyolefin catalyst, 13000 tons of modifier, 7000 tons of premix and 6500 tons of antioxidant, and 150 million yuan is used to supplement working capital projects.

The company said that the company is customer-oriented, meets the application needs of high-end products at home and abroad, and strives to become a world-class supplier of chemical products. In combination with the construction of the national “the Belt and Road”, with the goal of green development and the integration of industrialization and industrialization, we will strengthen the research and development of international standards in the fields of high-end products, and strive to become a “leader in catalyst and antioxidant products”.

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